Equalization of the tax bases of a federal system has been approached by the economic literature from the perspectives of both equity and Abstract efficiency. These arguments for equalization have generally assumed unrestricted mobility among residents of the federalism. A third approach is...

This article assesses wealth neutral grants within the traditional framework of the fiscal federalism. Discussions of the concept of fiscal equality or District Power Equalization (DPE) have centered largley on local control, and have defined equity as a problem of the comparison of local...

Conventional education finance literature, even including the reform literature surrounding the Serrano and Rodriguez cases, holds that foundation programs are more equalizing than flat grants. This article demonstrates that there is no theoretical basis for this conclusion. It further shows...

This paper provides a rejoinder to a recent article by Talley, and shows that the “error†he demonstrates stems from his inability to perceive the nature of tax bases at different levels of government within a fiscal federalism. Talley does, however, express (at least implicitly) some...

The recent appearance on the national scene of the Serrano and Rodriguez cases served to dramatize one of the most persistent problems of school finance reform–the vast differences between the tax bases per pupil and the ability to provide educational services among school districts in...